HCS
ActiveSummary
HCS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,416 and a net result of €2,008. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 2315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40=
Solvency36▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.35 in 2024; short-term debt: 35.3% and cash: 27.1% of total assets), but 89% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2315 sector peers (2025).
NBB · sector comparisonPosition among 2315 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
111 d early
2023
30 d early
2022
31 d early
2021
19 d early
2020
89 d late
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€19,416▲ 11.5%
2024 · €17,408
Total assets
€176,038▼ 8.9%
2024 · €193,172
Net result
€2,008▼ 12.7%
2024 · €2,301
Working capital
€113,916▲ 2.6%
2024 · €110,986
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,797▲ 8.0%€2,229▼ 53.5%€5,327▲ 139%€6,772▲ 27.1%€4,797▼ 29.2%
Net result€3,823within the sector's middle half€1,118within the sector's middle half▼ 70.8%€2,208within the sector's middle half▲ 97.5%€2,301within the sector's middle half▲ 4.2%€2,008within the sector's middle half▼ 12.7%
Equity€11,782below the sector's middle half▲ 48.0%€12,900below the sector's middle half▲ 9.5%€15,107below the sector's middle half▲ 17.1%€17,408below the sector's middle half▲ 15.2%€19,416below the sector's middle half▲ 11.5%
Total assets€103,295below the sector's middle half▲ 19.1%€130,145below the sector's middle half▲ 26.0%€153,344below the sector's middle half▲ 17.8%€193,172below the sector's middle half▲ 26.0%€176,038below the sector's middle half▼ 8.9%
Debt€91,513▲ 16.2%€117,245▲ 28.1%€138,236▲ 17.9%€175,764▲ 27.1%€156,622▼ 10.9%
Working capital€48,388within the sector's middle half▲ 8.6%€87,405within the sector's middle half▲ 80.6%€97,313within the sector's middle half▲ 11.3%€110,986within the sector's middle half▲ 14.0%€113,916within the sector's middle half▲ 2.6%
Solvency11.4%below the sector's middle half▲ 2.2pp9.9%below the sector's middle half▼ 1.5pp9.9%below the sector's middle half▼ 0.1pp9.0%below the sector's middle half▼ 0.8pp11.0%below the sector's middle half▲ 2.0pp
Current ratio1.88within the sector's middle half▼ 0.183.05within the sector's middle half▲ 1.162.74within the sector's middle half▼ 0.312.35within the sector's middle half▼ 0.392.83within the sector's middle half▲ 0.48
Return on assets (ROA)3.7%within the sector's middle half▲ 3.8pp0.9%within the sector's middle half▼ 2.8pp1.4%within the sector's middle half▲ 0.6pp1.2%within the sector's middle half▼ 0.2pp1.1%within the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €176,038
Equity
€19,416 ▲ 11.5%
Debt
€156,622 ▼ 10.9%
Debt's share of the balance-sheet total falls from 91.0% to 89.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
8.07▼
2024 · 10.10
ROE
10.3%▼
2024 · 13.2%
Debt ≤ 1 year
€62,122▼
2024 · €82,187
Debt > 1 year
€90,000▲
2024 · €88,427
Income taxes
€752▼
2024 · €862
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €24,449 | €24,450 | €24,493 | €24,505 | €24,520 | ▲ 0.1% |
| Gross operating margin9900 | €29,246 | €26,678 | €29,820 | €31,277 | €29,317 | ▼ 6.3% |
| Operating profit (loss)9901 | €4,797 | €2,229 | €5,327 | €6,772 | €4,797 | ▼ 29.2% |
| Financial income75/76B | - | €73 | €960 | €1,220 | €974 | ▼ 20.1% |
| Recurring financial income75 | - | €73 | €960 | €1,220 | €974 | ▼ 20.1% |
| Financial charges65/66B | €967 | €719 | €3,285 | €4,829 | €3,012 | ▼ 37.6% |
| Recurring financial charges65 | €967 | €719 | €3,285 | €4,829 | €3,012 | ▼ 37.6% |
| Profit (loss) for the period before taxes9903 | €3,830 | €1,583 | €3,002 | €3,163 | €2,760 | ▼ 12.7% |
| Income taxes67/77 | €7 | €465 | €794 | €862 | €752 | ▼ 12.7% |
| Profit (loss) for the period9904 | €3,823 | €1,118 | €2,208 | €2,301 | €2,008 | ▼ 12.7% |
| Profit (loss) for the period to be appropriated9905 | €3,823 | €1,118 | €2,208 | €2,301 | €2,008 | ▼ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,295 | €130,145 | €153,344 | €193,172 | €176,038 | ▼ 8.9% |
| Current assets29/58 | €103,295 | €130,145 | €153,344 | €193,172 | €176,038 | ▼ 8.9% |
| Amounts receivable within one year40/41 | €83,725 | €84,617 | €90,592 | €138,004 | €128,332 | ▼ 7.0% |
| Trade receivables40 | €76,612 | €69,860 | €68,854 | €108,775 | €126,588 | ▲ 16.4% |
| Other amounts receivable41 | €7,113 | €14,756 | €21,738 | €29,228 | €1,744 | ▼ 94.0% |
| Cash at bank and in hand54/58 | €9,570 | €35,528 | €54,252 | €55,169 | €47,707 | ▼ 13.5% |
| Deferred charges and accrued income490/1 | €10,000 | €10,000 | €8,500 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,295 | €130,145 | €153,344 | €193,172 | €176,038 | ▼ 8.9% |
| Equity10/15 | €11,782 | €12,900 | €15,107 | €17,408 | €19,416 | ▲ 11.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€8,678 | -€7,560 | -€5,353 | -€3,052 | -€1,044 | ▲ 65.8% |
| Amounts payable17/49 | €91,513 | €117,245 | €138,236 | €175,764 | €156,622 | ▼ 10.9% |
| Amounts payable after more than one year17 | €32,806 | €72,806 | €77,806 | €88,427 | €90,000 | ▲ 1.8% |
| Financial debts170/4 | €32,806 | €72,806 | €77,806 | €88,427 | €90,000 | ▲ 1.8% |
| Amounts payable within one year42/48 | €54,907 | €42,739 | €56,030 | €82,187 | €62,122 | ▼ 24.4% |
| Financial debts43 | €110 | €179 | €301 | €305 | €259 | ▼ 15.1% |
| Other loans439 | €110 | €179 | €301 | €305 | €259 | ▼ 15.1% |
| Trade debts44 | €53,840 | €41,138 | €54,928 | €81,020 | €60,250 | ▼ 25.6% |
| Suppliers440/4 | €53,840 | €41,138 | €54,928 | €81,020 | €60,250 | ▼ 25.6% |
| Taxes, remuneration and social security45 | €957 | €1,422 | €801 | €862 | €1,614 | ▲ 87.3% |
| Taxes450/3 | €957 | €1,422 | €801 | €862 | €1,614 | ▲ 87.3% |
| Accrued charges and deferred income492/3 | €3,800 | €1,700 | €4,400 | €5,150 | €4,500 | ▼ 12.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,823 | €1,118 | €2,208 | €2,301 | €2,008 | ▼ 12.7% |
| Operating cash flow (approximation) | €3,823 | €1,118 | €2,208 | €2,301 | €2,008 | ▼ 12.7% |
| Change in cash | - | €25,958 | €18,724 | €917 | -€7,462 | ▼ 914% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €3,823
Net result €3,823 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet -€52
Net result drops to -€52, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2000
Ground area
191 m²
Building footprint
85 m²
Volume, LiDAR
684 m³
Parcel 11013A0006/00H005, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hendrik Kennisstraat 53, 2650 Edegem
since 20002.099.900.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0006/00H005 | Flanders | 191 m² | 1 · 85 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,516 companies in sector 82990 we hold annual accounts for 9,420. 5,778 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Contact
Website
hcsbvba.be
E-mail
info@hcsbvba.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473072166
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.